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If I deliver gifts to another TreasuryDirect customer, how does it affect the recipients purchase limitation?

April 26, 2017affect customer deliver gifts limitation purchase recipient TreasuryDirect

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If I deliver gifts to another TreasuryDirect customer, how does it affect the recipients purchase limitation?

1 Answer

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If you deliver gifts to another customer, the amount of the delivery is applied toward the annual purchase limitation for each security type in the year the gift delivery occurs.